MaxSt wrote:JiltedGen wrote:И я не удивлен. Вы как и большенство людей считаете что в экономике можно "разбираться".
Ну... некоторые вон Нобеля получают.
А теперь изящным движением руки захлопываем ловушку:
Myron Samuel Scholes (born July 1, 1941 in Timmins, Ontario, Canada) is one of the authors of the famous Black-Scholes equation. In 1997 he was awarded the Nobel Memorial Prize in Economics for "a new method to determine the value of derivatives". The model provides the fundamental conceptual framework for valuing options, such as calls or puts, and is referred to as the Black-Scholes model, which has become the standard in financial markets globally.
In 1997 Merton and Scholes were awarded the Nobel Memorial Prize in Economic Sciences for their work on stock options. Fischer Black had already passed away or he would have shared in the prize as well. Given the impact of their work, many believed the prize was long over due.
Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether (the former vice-chairman and head of bond trading at Salomon Brothers). Board of directors members included Myron Scholes and Robert C. Merton, who shared the 1997 Nobel Memorial Prize in Economics[1]. Initially enormously successful with annualized returns of over 40% in its first years, in 1998 it lost $4.6 billion in less than four months and became a prominent example of the risk potential in the hedge fund industry. The fund folded in early 2000.